ICF International (ICFI) CEO awarded RSUs and settles taxes in shares
Rhea-AI Filing Summary
ICF International, Inc. CEO & President John Wasson reported a mix of equity award activity and related tax withholding. He received a grant of 36,443 restricted stock units (RSUs), each equivalent to one common share, under the company’s 2018 Omnibus Incentive Plan, vesting 25% on each of the first two anniversaries and 50% on the third.
On the same date, 18,367 previously granted RSUs vested and were exercised into common stock through three transactions of 3,379, 7,312, and 7,676 units. To satisfy tax obligations, a total of 8,284 common shares were withheld at $65.89 per share across three dispositions, rather than sold on the open market. After these transactions, Wasson directly holds 21,303 common shares and continues to hold additional shares indirectly through his spouse and various personal trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 36,443 | $0.00 | -- |
| Exercise | Restricted Stock Units | 3,379 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,312 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,676 | $0.00 | -- |
| Exercise | Common | 7,676 | $0.00 | -- |
| Exercise | Common | 7,312 | $0.00 | -- |
| Exercise | Common | 3,379 | $0.00 | -- |
| Tax Withholding | Common | 1,524 | $65.89 | $100K |
| Tax Withholding | Common | 3,298 | $65.89 | $217K |
| Tax Withholding | Common | 3,462 | $65.89 | $228K |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
| holding | Common | -- | -- | -- |
Footnotes (1)
- The exercise price for the restricted stock unit exercise was $65.89. Each restricted stock unit is the economic equivalent of one share of ICF International, Inc.'s Common Stock. These acquired restricted stock units were granted pursuant to ICF International, Inc.'s 2018 Omnibus Incentive Plan, as amended. These restricted stock units vest over a period of three (3) years, at 25% on each of the first two anniversaries of the grant and 50% on the third anniversary from the day of grant. Represents the second vesting anniversary (25%) of acquired restricted stock units granted pursuant to the 2018 Omnibus Incentive Plan, as amended. Represents the first vesting anniversary (25%) of acquired restricted stock units granted pursuant to the 2018 Omnibus Incentive Plan, as amended. Represents the third vesting anniversary (50%) of acquired restricted stock units granted pursuant to the 2018 Omnibus Incentive Plan, as amended.
